China and Russia relationship set a good example of international relations and is based on no alliance no confrontation said Chinese Foreign Minister Qin G …
Monthly Archives For March 2023
China’s Leader, With Rare Bluntness, Blames Troubles on U.S. Containment
Xi Jinping criticized what he called a U.S.-led campaign of “encirclement and suppression.” His new foreign minister said it was impossible for China not to fight back.
China Jan-Feb exports, imports slump again as global demand falters
A fall in China’s exports for the January-February period pointed to continued weakness in demand for the country’s products, backing government concerns that a global slowdown will be felt at home.
China’s Xi tells CATL he has mixed feelings about its battery dominance
Chinese President Xi Jinping told CATL on Monday that he had mixed feelings about its status as the world’s largest battery maker, in rare public comments about one of the country’s most globally competitive sectors.
Mobius’s Bank Headache Highlights Scrutiny on China Outflows
Emerging markets investor Mark Mobius is discovering what many residents of China have known for months or even years: It has becoming increasingly difficult to transfer money out of the country.
Crisis-Hit Lanka Says China To Restructure Loans For Securing IMF Bailout
China’s Exim bank “sent a letter to the IMF” on Monday night expressing Beijing’s willingness to “restructure” credit to Sri Lanka, Ranil Wickremesinghe told parliament. (Except for the headline, this …
China May Face Financial Crisis With Cities Under Trillions Of Debt Following Zero-Covid Policy: WSJ
China’s Ministry of Finance warned local authorities that the central government would not bail them out for their accumulated liabilities.
As parliament meets, China keeps would-be protesters at bay
Jack Zhang, one of thousands of people who lost access to their savings last year in a rural bank scandal, recently tried to go to Beijing to lodge a complaint with the national public complaints…
Prestige Brands to Lead China’s Beauty Market Growth in 2023
Last year, the top five prestige skin care brands in terms of sales growth on Tmall, Taobao and Douyin combined were Chanel, Guerlain, Sisley, La Mer and Helena Rubinstein.
In 1st news conference, China minister lashes out at US
In his first news conference since taking office, Chinese Foreign Minister Qin Gang lashed out at the United States over deteriorating bilateral relations and Washington’s support for Taiwan
‘Xi Jinping’s guy’: Longtime acolyte Li set to be China’s next premier
Four years before Li Qiang gained notoriety as the force behind the two-month COVID lockdown of Shanghai, the man set to become China’s next premier worked quietly behind the scenes to drive a bold revamp…
China’s Exports Extend Declines, Adding Pressure to Economy
China’s exports dropped in the first two months of the year as weak global demand for goods emerges as one of the biggest challenges to the country’s fragile economic recovery this year.
China trade: exports, imports continue decline in combined January-February data
China’s exports fell by 6.8 per cent in combined figures for January and February compared with a year earlier, while imports fell by 10.2 per cent Exports had fallen by 9.9 per cent in December,…
